Newmark Title Services Provides Title, Escrow Services for $700 Million, National Multifamily Portfolio Recapitalization

Core Insights - Newmark Title Services facilitated a $700 million recapitalization and refinancing of a national multifamily portfolio owned by Nitya Capital, comprising 18 properties across six states, including high-growth markets like Dallas and Las Vegas [1][2][3] Group 1: Transaction Details - The transaction utilized a Single Asset Single Borrower (SASB) loan structure, requiring coordination among a top-tier bank, multiple advisory firms, and legal counsel [2] - Newmark Title Services managed the closing process, overseeing a complex set of deal components across a diverse asset base [2][3] Group 2: Company Expertise - The transaction showcased Newmark's expertise in handling large, sophisticated capital events, with over a dozen professionals dedicated to the assignment [3] - Newmark Title Services' ability to unify all aspects of title and escrow contributed to the successful execution of the transaction [3] Group 3: Strategic Integration - The company operates as Newmark Title Services following the acquisition of MiT National Land Services in 2018, enhancing its title industry practice [4] - Since the acquisition, Newmark Title Services has expanded its national footprint, facilitating commercial real estate transactions efficiently across the country [4] Group 4: Company Overview - Newmark Group, Inc. generated revenues exceeding $2.8 billion for the twelve months ending March 31, 2025, and operates from 165 offices with approximately 8,100 professionals globally [5]